Withheld
$65,598
"Discover an exceptional opportunity to secure a prime development site at 43 Todds Road in Lawnton This expansive 3460 sqm lot, extending to the adjacent street, already hosts a charming threebedroom plus study, onebathroom home. Upstairs, youll find ample space, a functional layout, and endless possibilities, inviting you to infuse your personal touch as you envision your future. Downstairs, offers extensive storage space and threecar accommodation offering practical solutions Complemented by additional offstreet parking and dual entry from Todds Road and Galvin Street, enhancing the versatility and convenience of this property. Benefiting from its proximity, local amenities include Lawnton State School just a short 300m walk away, with Pine Rivers State High School and Coles Bray Park a quick drive. Positioned for growth, this unique site invites you to pioneer development in Lawntons heart, a mere 4minute drive to UniSC Moreton Bay in Petrie and a direct 32minute commute to Brisbane CBD, ensuring connectivity to the citys vibrant core. To find out more about this unique opportunity, reach out to us today Key Features Highdensity development site on a 3,460 sqm lot 49.2m frontage on Todds Road 36.7m frontage on Galvin Street Internal stairs Workshopshed Upper level Three well proportioned bedrooms all featuring ceiling fans Airconditioning in master bedroom and living area Well equipped kitchen with ample storage and electric appliances Allocated Living and Dining rooms TwoWay bathroom with separate toilet StudyOffice Sunroom Lower level Abundant storage space underneath the house Threecar accommodation with additional offsite parking Additional storage room Separate Laundry Location 300m walk Lawnton State School 1 mins drive Lawnton railway station 4 mins drive UniSC Moreton Bay, Petrie 4 mins drive Bray Park State High School 5 mins drive Pine Rivers State High School 6 mins drive Kallangur State School 6 mins drive Westfields Strathpine 32minute drive Brisbane CBD Information contained on any marketing material, website, or other portal should not be relied upon, and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property."
11.8%
42.7%
$683K
4.3%
$10,000
-$15,619
3.9%
2.9%
-12.4%
6.0%
Asking Price
-
Estimated Purchase Price
$740,000
Stamp Duty
$26,325
Transfer Fee
$2,584
Conveyancing
$1,665
Deposit (10%)
$74,000
Reg. Mortgage
$224
LMI Premium
$20,896
Renovation Costs
-
Total Cash/Equity Required
$126,244
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,103
$1,439
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$21,644
$31,369
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$22,312
-$12,587
Depreciation
-
-
Tax Offset
-$6,694
-$3,776
Net Cashflow After Tax
-$15,619
-$8,811
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$666,000
$666,000
$135,000
$782,017
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price